Commodity Market Report

Global thermal coal short-term outlook April 2018: China import curbs change price direction

From

$1,350.00

You can pay by card or invoice

From

$1,350.00

You can pay by card or invoice

Get this Commodity Market Report as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

A flurry of trading activity was triggered in China after a tier-2 port import ban was implemented. The concern was over the potential for stricter rules to follow but not solely from the tier-2 ban. Market participants have experience now with handling tier-2 import bans, so the size of the risk was better understood. However, concerns of further restrictions being implemented triggered a rush to secure tonnages ahead of stricter rules. Buying activity helped to reverse the downward trend in pricing in China and in international markets.

What's included

This report contains

  • Document

    Global thermal coal short-term outlook April 2018: China import curbs change price direction

    PDF 226.36 KB

  • Document

    Global thermal coal short-term outlook April 2018: China import curbs change price direction

    ZIP 2.11 MB

  • Document

    wm coal monthly thermal trade April 2018.xls

    XLS 2.63 MB

Table of contents

    • Key market prices
  • Prices
    • China: tier-2 port ban trading frenzy staves off further import restrictions, for now
    • India: missed domestic production targets could help imports
    • Japan: 825-MW nuclear restart delayed until 2021
    • Pakistan: adds a new 660-MW plant
    • UK: goes without coal generation for 76 hours
    • Egypt: new cement plant opens
    • Australia: brief disruptions from Cyclone Iris
    • Indonesia: producers look to capture more exports due to domestic price cap
    • Russia: rail repairs expected to slow shipments
    • South Africa: South32 spins off South African operations after charter change

Tables and charts

This report includes 4 images and tables including:

Tables

  • Key market data
  • Executive summary: Table 2

Images

  • ARA and Richards Bay 6,000 kcal price differentials to Newcastle 6,000 kcal
  • Key prices – history and forecast (nominal, US$/t)

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800